ServiceNow (NOW) Tops Q1 EPS by 13c

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Price: $93.80 -2.23%

Revenue Growth %: +22.0%

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ServiceNow (NYSE: NOW) reported Q1 EPS of $0.67, $0.13 better than the analyst estimate of $0.54. Revenue for the quarter came in at $788.9 million versus the consensus estimate of $766.22 million.

The following table compares our updated full-year 2019 guidance against our previously issued full-year 2019 guidance dated January 30, 2019:

	�	Comparison of Updated Full-Year 2019 Guidance to Previously Issued Guidance(1) ($ millions)
�	�	Previous Guidance Midpoint(2)	�	Currency Impact(3)	�	Duration Impact(4)	�	Guidance Change	�	Current Guidance Midpoint(5)
GAAP subscription revenues		$3,225	�	($5)	�	$0	�	$23	�	$3,243
										�
Non-GAAP subscription billings(6)		$3,715		($6)		$0		$24		$3,733